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The rand traded 0.45% weaker at 14.66 per dollar in early trade, in line with falls in local bonds and subdued appetite for riskier assets. Traders were awaiting the September trade balance data.
The benchmark 2026 government bond yield rose slightly.
Routine currency moves like this have little direct effect on feed prices, but a weaker rand keeps South African import costs for feed ingredients elevated.
moneyweb.co.zaNomvelo Chalumbira, ReutersOct 31, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
